SWING IDEA - NAZARA TECHNOLOGIES

Nov 4, 2023

We can see a very good buying opportunity in NAZARA TECHNOLOGIES.
The reasons are stated below :

• 750-770 zone was tested multiple times and finally it broke and is now retesting it
  
• 0.382 Fibonacci support
  
• Price action formation - higher highs
  
• Double bottom pattern on higher timeframe (500 zone)
  

Targets - 926 // 1066 // 1345 // 1681
StopLoss - 730 on closing basis

Nov 30, 2023

Note

Price is in consolidation phase.
It is holding onto the support levels.
HOLD !!

Dec 14, 2023

Note

We are currently up by 9.3% from buying price. We can hold this for target.

Jan 30

Trade closed: target reached

1st target achieved.
We got 17.8% and stock made a high of 26% from our buying price.